Monday, August 2, 2021
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Global Economy News Clipping by our editor, Cloud

Americans have not been this optimistic about their financial situation — for the last...

69% of American is financially optimistic, reaching the highest level for the last 16 years.

OECD governments borrowing expected to hit record $11tn

Gross borrowing of OECD governments from the markets is set to surpass $11tn this year. This would be a new record, above the current record of $10.9 trillion set in 2010.

How will the shutdown impact GDP growth?

The effect is shown differently on nominal and real GDP

Derivatives’s Credit Terms in Eurozone Tighten Further

The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.

Germany’s GDP Data might have been Distorted by Questionable Data

Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.

ECB on impact of Coronavirus (March 2)

Luis de Guindos, vice president of the European Central Bank, depicted the coronavirus as an additional " layer of uncertainty to global and euro area growth prospects,"

The G7 statement on coronavirus

The G7 finance ministers and central bankers held a call to discuss the coronavirus, but the statement doesn't provide any surprise to investors.